Enterprise Risk Management Models

✍ Scribed by David L. Olson, Desheng Wu (auth.)

Publisher: Springer
Year: 2010
Tongue: English
Leaves: 212
Edition: 1
Category: Library

No coin nor oath required. For personal study only.

✦ Synopsis

Enterprise risk management has always been important. However, the events of the 21st Century have made it even more critical. The top level of business management became suspect after scandals at ENRON, WorldCom, and other business entities. Financially, many firms experienced difficulties from bubbles. The problems of interacting cultures demonstrated risk from terrorism as well, with numerous terrorist attacks, to include 9/11 in the U.S. Risks can arise in many facets of business. Businesses in fact exist to cope with risk in their area of specialization. Financial risk management has focused on banking, accounting, and finance. We have discussed several aspects of risk, to include information systems, disaster management, and supply chain perspectives. The bulk of this book is devoted to presenting a number of operations research models that have been (or could be) applied to enterprise supply risk management, especially from the supply chain perspective.

✦ Table of Contents

Front Matter....Pages i-x
Enterprise Risk Management in Supply Chains....Pages 1-13
Enterprise Risk Management Process....Pages 15-25
Information Systems Security Risk....Pages 27-42
Enterprise Risk Management in Projects....Pages 43-55
Natural Disaster Risk Management....Pages 57-69
Disaster Risk Management in China....Pages 71-90
Value-Focused Supply Chain Risk Analysis....Pages 91-101
Examples of Supply Chain Decisions Trading Off Criteria....Pages 103-114
Simulation of Supply Chain Risk....Pages 115-130
Value at Risk....Pages 131-141
Chance Constrained Programming....Pages 143-157
Data Envelopment Analysis in Enterprise Risk Management....Pages 159-170
Portfolio Selection Under Fuzzy and Stochastic Uncertainty....Pages 171-183
Business Scorecard Analysis to Measure Enterprise Risk Performance....Pages 185-195
Back Matter....Pages 197-211